UperGanges bought on Apr 4th at 124 became the first 3x bagger for mi50 at 374 today. The rise has been phenomenal to say the least and brings home the basic tenet of momentum investing…”Trend trade in the direction of momentum ….don’t be afraid.. just don’t oppose it”.
It was a tumultuous month. We started the month up at +7.4% but ended it at +2.52%, a drawdown of -5.66% from the peak. The max drawdown experienced was -8.52% on 24 May. The mid cap and small cap indices dipped heavily and so did our strategy. The out performance of the strategy so far for […]
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